Programme and Portfolio Management

Programme management is the coordinated management of multiple projects to achieve a set of strategic goals and benefits. Programme management involves ensuring that the deliverables, tasks, resources, timing, governance and stakeholders of various projects are consistent with each other and with the overall programme objectives.

Project portfolio management is a term used to describe the management discipline of maximising the outcome of all the projects and programmes undertaken by an organisation to achieve its strategic goals and may include:

• Determining a balanced set of investment initiatives, programmes, and projects
• Defining the priority of programmes and projects based on business imperatives and capability
• Focusing the organisation and senior management on selecting key strategic initiatives
• Managing dependencies between all projects and programmes

The current market situation is forcing organisations to implement many strategic projects simultaneously. Only the successful development of such projects enables an enterprise to maintain or improve its market position. The necessity to realise many initiatives at the same time results in conflicts in the use of human and financial resources. As a result, many projects fail and exceed their expected budget and timing.

How we can be of help

PwC’s approach is based on proven methodologies and allows for the building of project management processes that help:

• Identify project initiatives in an organisation
• Analyse and evaluate them applying both qualitative and quantitative criteria
• Select and prioritise projects in order to take maximum advantage of available resources
• Monitor the implementation of projects, such monitoring forming the basis for strategic decisions on particular projects
• Manage relationships and interdependencies between particular projects
• Manage project risk, which enables the company to take a proactive approach to threats and challenges that may arise during a project